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 Replies: 43 / Views: 5,470 |
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Pillar of the Community
United States
759 Posts |
IF we assume the story is true, the "facts" that the coin was listed for 3-4 days on the S&B site, the guy called to inquire about the price and the assertion was that the $1650 price was firm, just might sway me towards the buyer. For all we know, maybe S&B got the coin for $100 from some widow's estate and it's karma. :) As for what would I do? Well, I walked back into the bank when I counted and found out they gave me $10 extra, was told "they don't make mistakes," so I took it and donated it to a food bank. Chances are I wouldn't have kept it. I probably would have messed with the CEO though and settled for some near $2000 coin in their inventory, which likely wouldn't have been much of a step up from their $1000 offer for them.
If anybody knows for sure how the legalities would play out, I'd love to hear.
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Pillar of the Community
 United States
2150 Posts |
Quote:
If anybody knows for sure how the legalities would play out, I'd love to hear.
 Most likely, my final action would depend on how S&B handled the situation. |
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Bedrock of the Community
United States
10038 Posts |
Quote:
It is a forum, though. Written communication is smoothed by good grammar and comprehension of posts is made easier by the same. Now, there is a difference between making the occasional error and making a completely unreadable post, but different people have different lines for those. This is also why, when joining the forum, I was pleased to see that the recommendation was to use the spellchecker. The public high school I graduated from taught me what the words "waste of tax money" means, and it cost me two more years in college just to get caught up. The main thing I learned from the experience they called "education" was after life walked up and slapped me in the face to try to get me to understand reality is not just a bunch of worthless fill-in-the-blank worksheets (that take a five minutes quick searching for bold faced terms in the textbook so you can go back to talking/playing games in class). Yes, I was one of those horrible teachers who, even in math class, would make the children correct spelling and grammar errors before I would record their grade (I did not dock the grade, but the corrections had to be handed in or the grade was not recorded and they would take a 0 or make it up). And I have had students come back in later years to thank me - after they finally understood that I cared enough to teach them to be the best they could in everything they do. I really did hesitate on posting my original correction as I feared offending someone. I surely do not mean this. I was hoping (and saw it happened - thanks macmercury!) it would be taken as a friend trying to encourage another friend so to help them better what they do. Again, this is the teacher in me. I appreciate when people point out what I am doing incorrectly - and I make PLENTY of mistakes, but have always tried to better myself (hoping to someday get there!)  Back to the coin issue. I believe the buyers situation is legit in that the coin is now his. What would I personally do? I would LIKE to say that if this happened to me, that I would follow the golden rule. Would I? I guess I would not know until I was there and every detail of the situation was personal for me to examine. |
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Pillar of the Community
United States
1801 Posts |
Earle42, please feel free to correct my grammar and spelling anytime. I am always looking to improve my grasp of the English language (and of course to learn where all the correct keys are on the keyboard).
As for the coin story....
I don't believe the story but....
I would have sent the coin back because that would be the right thing to do in my mind. I was always taught to look at things from both sides and ask myself how would I feel on the other side. The buyer is out some time and the use of his $1650 for a few days. Offering $1000 as compensation was fair on Stack's part. Plus he was able to bask in the short term joy of his purchase. It's about doing the right thing. It's not about profit.
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Pillar of the Community
United States
8517 Posts |
I would love to know what S and B paid for the coin. I'm pretty dang sure if SB bought the coin from someone for 1650 that they wouldn't make reparations. A deal is a deal.
Oregon coin geek.....*** GO BEAVS ! ! ! ***
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Pillar of the Community
United States
2150 Posts |
For those interested who did not know, the buyer returned the coin to Stacks and Bowers. They refunded the original purchase price and "reluctantly" paid the extra $1000 to the buyer.
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Pillar of the Community
United States
1796 Posts |
Were there wanton legal threats involved? Or simply a change of heart? :-)
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Rest in Peace
United States
9104 Posts |
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Yes, I was one of those horrible teachers who, even in math class, would make the children correct spelling and grammar errors before I would record their grade (I did not dock the grade, but the corrections had to be handed in or the grade was not recorded and they would take a 0 or make it up). Having tutored various varieties of math, I find the biggest stumbling block is "word problems." IOW, if you hand a student a problem with numbers, most can solve it. Give them a question involving a statement in words, and they don't have a clew what to do with it. People think they can't handle math, but the truth is their reading comprehension is non-existent. |
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Rest in Peace
United States
9104 Posts |
Quote:
For those interested who did not know, the buyer returned the coin to Stacks and Bowers. They refunded the original purchase price and "reluctantly" paid the extra $1000 to the buyer. If things happened as the buyer claimed and I was the buyer, I'm afraid Stacks would be SOL. The big boys like to call in "power". The little boys become big boys by knowing the difference between the rules and bullying. Just yesterday, a PM buyer told me about some bullying LEO who came in to another PM buyer to confiscate (steal) over $1000 in silver. PM buyer says he'll be happy to turn it over when LEO comes in with a warrant and a receipt, and IF they can prove they were stolen, they can buy them back. LEO comes back in an hour "to pick up the silver" (no warrant of course). PM buyer picks up the phone, calls the the states' pawnbroker association, and gets put through to the pres, who just happens to be an atty. "Put your phone on speaker." OK. "Tell him if he doesn't leave, I'll own him". Amazingly, the discussion ended. |
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Valued Member
Canada
148 Posts |
In my humble opinion, would this not fall into a caveat emptor in reverse situation. Most of us, I assume, have been on the bad end of a deal at some point in our coin purchasing history. I have always tried to practice the golden rule in all of my life's interaction with other people. If it was a small business I would feel sorry for them and probably try to work out a win-win situation, but a big company with, I assume a large cash flow, I would expect them to eat their loss.
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Pillar of the Community
United States
5832 Posts |
I wonder if this will be in Coin World or Coin Week? |
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Valued Member
United States
73 Posts |
Edited by goldfinger
05/13/2012 9:53 pm
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Pillar of the Community
United States
2150 Posts |
Are you being serious or just trolling cause my head hurts way too bad right to look at super zoomed in pics.
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Valued Member
United States
73 Posts |
just trolling thats what this whole thread is about anyway
I had a similar mistake made in my favor about 8 years ago, it was only about 75 bucks in my favor but I'm still not comfortable when I remember finding a 1884 CC instead of a 1886o and thinking BINGO! when I should have been thinking send it back.
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Pillar of the Community
United States
2150 Posts |
Did the seller catch the mistake in that instance?
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Posted 05/09/2012 7:08 pm
